Tesla may have to raise $10B by 2020, says Goldman Sachs analyst

The report goes on to say that Tesla could “raise incremental funds” and refinance older existing debt.
Tesla has big plans to expand production, and those plans cost money. A new report from Goldman Sachs analyst David Tamberrino says the electric car company might have to raise as much as $10 billion in the next two years to cover production costs for the anticipated Model Y, as well a new Gigafactory in China.Read more ...

Electric car company Tesla may require as much as $10 billion in additional capital by 2020.Read more ...

GOLDMAN SACHS: Tesla may need $10 billion in fresh cash in the next 18 months

Tesla will need a significant cash infusion before 2020, Goldman Sachs said Thursday.
Tesla maintains it will be profitable this year - and that it won't need to raise capital.
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Add Goldman Sachs to the list of Tesla skeptics.
The bank told clients Thursday that the electric automaker may need $10 billion over the next 18 months in order to stay afloat and meet production demands.
"Between its current operations, anticipated new product spend, and incremental capacity additions, we see Tesla potentially requiring over $10 billion in external...Read more ...

Tesla May Need to Raise $10 Billion by 2020 to Complete Its Plans. Raising That Could Hurt Its Investors

Elon Musk may need to tap capital markets for more than $10 billion by 2020 to fund Tesla's automaking operations, new products and an expected expansion into China, according to Goldman Sachs Group .
While Tesla tsla has access to new bonds, convertible notes or equity to fund its growth, each of those choices has downsides for investors, Goldman analyst David Tamberrino said in a research note Thursday.
"We see several options available to the company to refinance maturing debt and raise incremental funds, which should allow Tesla to fund its growth targets," Tamberrino wrote. "However...Read more ...